11440 Strathern StNorth HollywoodCA91605
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in North Hollywood at 11440 Strathern St, North Hollywood, CA, 91605 offers a 10.61% rental yield on a $699,000 purchase with $6,179/mo rent. Total monthly income registers $6,179/mo, and a $3,421/mo payment leaves $1,855/mo available for distribution. Annual cash flow reaches $22,261/yr on $229,971 to close, and return on cash invested stands at 29.74% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 155.54% and total cumulative return in cash at $357,698. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,179/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
5,961 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91605, North Hollywood, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,760 (100%) |
| Owner Occupied HU | 6,254 (37.3%) |
| Renter Occupied HU | 9,867 (58.9%) |
| Vacant Housing Units | 639 ( 3.8%) |
| Median Home Value | $808,108 |
| Average Home Value | $825,096 |
Housing Distribution
Address Breakdown
Residential
16,666
Single Family
8,356
Multi-Family
8,310
Businesses
2,486
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Listed by: Diego Kropman • HomeSmart, Evergreen Realty
Mls Name: CRMLS
Mls ID: #P1-22344